LONDON, Oct 15 (Reuters) - Egypt's sovereign dollar

bonds rallied on Tuesday, Tradeweb data showed, after news that

Saudi Arabian Crown Prince Mohammed bin Salman is visiting

Cairo.

The longer-dated maturities gained the most, with the 2059

adding 1.71 cents, to bid at 77.78 cents on the dollar by 1146

GMT.

Egyptian diplomatic sources told Reuters that bin Salman was

visiting to discuss trade and investment as well as the crises

in Lebanon and the Palestinian territories with Egyptian

President Abdel Fattah al-Sisi.

Gulf investments into Egypt, including a record $35 billion

deal with UAE sovereign fund ADQ, have pulled it back from the

bring of debt distress over the past year.

Egypt's cabinet also said that bin Salman has directed the

Saudi Public Investment Fund (PIF) to invest $5 billion into

Egypt.